Economics

How Rosh Hashanah influences the stock market

By Anna Sheinman, September 20, 2011

Researchers have discovered that Jews control the stock markets – for two days of every year.

A new study by academics at Nova Southeastern University in Florida shows that Rosh Hashanah has an impact on the stock market.

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For house protests, read class warfare

By Anshel Pfeffer, August 4, 2011

On the face of it, Israel's economy has never been in such a good state. Unemployment is at an all-time low at 5.7 per cent, the gross domestic product grew last year by 4.5 per cent, the shekel is strong, trade is booming, Israeli companies are traded on Nasdaq and foreign corporations are snapping up local companies.

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Economic rage consumes Israel

By Anshel Pfeffer, August 4, 2011

Prime Minister Benjamin Netanyahu has refused to meet personally with the leaders of the housing protest, now into its fourth week of encampments and demonstrations.

The prime minister tried to seize the initiative this week after being caught off guard by the scale and perseverance of the protesters.

Meanwhile, cracks started to show within the protest's leadership.

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Leeds Jew picked for top spot at Bank of Israel

By Jennifer Lipman, July 13, 2011

An Oxford-educated British Jew has been named as a director of the Bank of Israel.

Leeds-born Andrew Abir, who now lives in Israel, was named by the bank's governor Stanley Fischer as the new director of market operations.

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Israelis boycott costly cottage cheese

By Anna Slater, June 17, 2011

A group of Israelis have launched an online protest over the soaring price of cheese.

More than 75,000 people have joined a Facebook group called "Eight shekels for such a basic product? Don't buy cottage cheese for a month".

The price of cottage cheese has skyrocketed in the last few years and a 250g container is now sold in many supermarkets at £1.40.

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IMF: Stanley Fischer too old to be director

By Jennifer Lipman, June 14, 2011

The International Monetary Fund has blocked the candidacy of Israeli Stanley Fischer in the race to replace Dominique Strauss-Kahn.

Mr Fischer, who is 67, had hoped that the organisation would relax rules on its director being no older than 65. But the IMF refused to budge.

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Stanley Fischer looks to replace Strauss-Kahn at IMF

By Jennifer Lipman, June 13, 2011

The Governor of the Bank of Israel has revealed that he will seek the job of director of the International Monetary Fund.

The Zambia-born Stanley Fischer announced a bid to lead the organisation over the weekend. The 67-year-old is older than the IMF rules allow for a first-time director, but previously spent seven years as the organisation's deputy managing director.

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House prices leaving most Israelis for dust

By Nathan Jeffay, June 10, 2011

It's the worry that is playing on the minds of government officials and Bank of Israel economists.

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Bank of Israel's Stanley Fischer tipped for IMF return

By Jennifer Lipman, May 31, 2011

The Governor of the Bank of Israel has not ruled himself out of the running to replace Dominique Strauss-Kahn at the International Monetary Fund.

French Finance Minister Christine Lagarde is widely seen as the frontrunner for the role. But Israel's Stanley Fischer has also been tipped as a possibility.

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Jersey boys push right buttons in Israel

By Jenni Frazer, May 26, 2011

A new link between Jersey and Israel was forged this week with a groundbreaking visit by 30 of the island's politicians and business leaders.

Economics Minister, Senator Alan Maclean and Assistant Chief Minister Senator Freddie Cohen, led the delegation, the first of its kind, under the auspices of UK Israel Business, a new group encompassing British and Israeli chambers of commerce.

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